Examlex
If the price of downloaded music falls by 10% and the quantity demanded of downloaded music increases by 20%, then the price elasticity of demand equals 2.
Proactive Change
Change initiated to take advantage of targeted opportunities
Six Sigma
A set of techniques and tools for process improvement aimed at reducing errors and improving quality in manufacturing and business processes.
Continuous Improvement
A management philosophy that focuses on making ongoing efforts to improve products, services, or processes.
Culture
The collective attitudes, customs, values, and practices that characterize a group, organization, or society.
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